
Historical data suggests that April is a favorable month for the S&P 500, particularly following a challenging March. Analysts note that when the S&P 500 declines by more than 3% in March, it has historically ended April higher every time since World War II, with an average increase of nearly 6%. The S&P 500 experienced a decline of over 6% last month, indicating potential for a rebound in April despite anticipated volatility. Additionally, the first day of April has shown positive performance in 21 of the last 30 years. Further supporting this trend, April has been noted as the second strongest month for S&P 500 performance over the past 50 years, averaging a return of approximately 1.7% and showing positive results 72% of the time, second only to November. This month’s performance may also benefit from the removal of 'Liberation Day' tariffs, which could further contribute to a rally.



"Historically, April has been the 2nd strongest month for S&P 500 performance over the past 50 years, averaging a monthly return of ~1.7% and positive 72% of the time, second only to Nov." @LarryAdamRJ https://t.co/9mwXcvLbBQ
"Historically, April tends to be one of the best months of the year when the S&P 500 starts below its 200-day moving average, averaging a gain of more than 2% since the 1950." Oppenheimer via @JessicaMenton https://t.co/AAxvNrIxxQ
Seasonality for the win also, the first day of April has been up 21 of the last 30 years for $SPX as noted in the Q2 outlook.. no April fools there!